News

B2B Payments
CarrierHQ Guides CA Trucking Fleets Through Indie Contractor Laws
February 26, 2020

Motor carrier industry software and solutions developer CarrierHQ has announced a mobile-friendly portal that’s now accessible in California, amid the AB5 legislative environment, according to a press release.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Security & Fraud
Facial Recognition Firm Clearview AI Client List Is Hacked
February 26, 2020

Facial recognition outfit Clearview AI — which collects billions of photos off the internet, and uses them for facial recognition technology — has been hacked, and its entire client list was exposed to malicious actors, according to CNN. The company said it fixed the problem that caused...

Investments
African Financial Startup JUMO Notches $55M
February 26, 2020

FinTech upstart JUMO has notched $55 million in equity and debt funding. The newest investment round had participation from current investors, with the inclusion of Odey Asset Management, Leapfrog Investments and Goldman Sachs, in addition to new undisclosed investors, Quartz reported. Get the Full Story Complete the form to...

B2B Payments
RBS Fund Takes Back £50M From Metro Bank
February 26, 2020

After Metro Bank recently pulled back from plans to expand and decided to move away from lending for mortgages, the bank said it will return £50 million from the RBS bailout fund, according to a report. Get the Full Story Complete the form to unlock this...

Investments
Connected Home Switches On New Funding And Tech Advances
February 26, 2020

The connected home received some juice yesterday as software company Plume closed an $85 million round of financing from Charter Communications, Qualcomm, Belkin and Service Electric Cablevision. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Brink’s Closes $860M Deal For Majority Stake In G4S
February 26, 2020

Cash management firm The Brink’s Company is acquiring a majority stake in the security services company G4S for $860 million (£660 million), The Brink’s Company announced on Wednesday (Feb. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
5G Plans Face Setbacks Amid Coronavirus Spread
February 26, 2020

The coronavirus has already dented supply chains — notably those that serve retailers and auto manufacturers, among others. Digging a bit deeper and into the tech supply chains serving Apple, the headlines seem focused on consumer-facing firms, where end products such as cell phones may...

International
Amazon In Japan Could Face Inventory, Production Impacts From Coronavirus
February 26, 2020

The coronavirus (COVID-19), which began in China, has far-reaching impacts that extend beyond health, with a wide range of economic effects in sectors from travel food firms to Amazon marketplace sellers and the workforce in Japan. Get the Full Story Complete the form to unlock...

Banking
Metro Bank Moves Away From Mortgages After Reporting Error
February 26, 2020

After a reporting error that caused the exit of its chief executive and chairman in 2019, Metro Bank has announced that it is scaling back its expansion efforts and moving away from lending for mortgages, according to a report by the Financial Times. Get the...